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Calculator Problem – 08/27/2012

(See Calculator Problem – 07/16/2012, 07/30/2012, 08/13/2012).  How much money would you save?

(The answer will be posted with the new calculator problem in 2 weeks. Or if you can’t wait that long, you can go to for the answer.)

Answer to 08/13/2012 problem:

(I=5.25,PV=891,763.99,PMT= -8722.11,FV=0) N=135.83
156-135.83 = 20.17 months